MI SB0719 | 2015-2016 | 98th Legislature
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on May 31 2016 - 100% progression
Action: 2016-05-31 - Assigned Pa 0141'16 With Immediate Effect
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on May 31 2016 - 100% progression
Action: 2016-05-31 - Assigned Pa 0141'16 With Immediate Effect
Text: Latest bill text (Chaptered) [HTML]
Summary
Financial institutions; payday lending; satisfaction of deferred presentment transactions; authorize use of debit cards and certain telephone-initiated transactions. Amends sec. 35 of 2005 PA 244 (MCL 487.2155). TIE BAR WITH: SB 0607'15
Title
Financial institutions; payday lending; satisfaction of deferred presentment transactions; authorize use of debit cards and certain telephone-initiated transactions. Amends sec. 35 of 2005 PA 244 (MCL 487.2155). TIE BAR WITH: SB 0607'15
Sponsors
Roll Calls
2016-05-12 - House - House Third Reading: Given Immediate Effect Roll Call # 256 (Y: 107 N: 1 NV: 0 Abs: 0) [PASS]
2016-03-02 - House - Reported With Recommendation Without Amendment (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-04 - Senate - Senate Third Reading: Passed Roll Call # 31 (Y: 37 N: 0 NV: 0 Abs: 1) [PASS]
2016-01-27 - Senate - Reported Favorably Without Amendment (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2016-03-02 - House - Reported With Recommendation Without Amendment (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-04 - Senate - Senate Third Reading: Passed Roll Call # 31 (Y: 37 N: 0 NV: 0 Abs: 1) [PASS]
2016-01-27 - Senate - Reported Favorably Without Amendment (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-05-31 | Senate | Assigned Pa 0141'16 With Immediate Effect |
| 2016-05-31 | Senate | Filed With Secretary Of State 5/26/2016 @ 11:14 Am |
| 2016-05-31 | Senate | Approved By Governor 5/25/2016 @ 8:46 Pm |
| 2016-05-24 | Senate | Presented To Governor 5/23/2016 @ 2:36 Pm |
| 2016-05-17 | Senate | Ordered Enrolled |
| 2016-05-17 | Senate | Full Title Agreed To |
| 2016-05-17 | Senate | Given Immediate Effect |
| 2016-05-12 | House | Returned To Senate |
| 2016-05-12 | House | Inserted Full Title |
| 2016-05-12 | House | Passed; Given Immediate Effect Roll Call # 256 Yeas 107 Nays 1 |
| 2016-05-12 | House | Read A Third Time |
| 2016-05-10 | House | Placed On Third Reading |
| 2016-05-10 | House | Read A Second Time |
| 2016-03-02 | House | Referred To Second Reading |
| 2016-03-02 | House | Reported With Recommendation Without Amendment |
| 2016-02-09 | House | Referred To Committee On Financial Services |
| 2016-02-09 | House | Read A First Time |
| 2016-02-04 | House | Received On 02/04/2016 |
| 2016-02-04 | Senate | Passed Roll Call # 31 Yeas 37 Nays 0 Excused 1 Not Voting 0 |
| 2016-02-03 | Senate | Placed On Order Of Third Reading |
| 2016-02-03 | Senate | Reported By Committee Of The Whole Favorably Without Amendment(s) |
| 2016-01-27 | Senate | Referred To Committee Of The Whole |
| 2016-01-27 | Senate | Committee Recommended Immediate Effect |
| 2016-01-27 | Senate | Reported Favorably Without Amendment |
| 2016-01-26 | Senate | Referred To Committee On Banking And Financial Institutions |
| 2016-01-26 | Senate | Introduced By Senator Darwin Booher |
Subjects
Consumer credit: collection practices
Consumer credit: lending practices
Financial institutions: payday lending
Consumer credit: lending practices
Financial institutions: payday lending
